Radware (RDWR) CEO Roy Zisapel gains 454,272 shares via estate transfer

Rhea-AI Filing Summary

Radware Ltd. President & CEO Roy Zisapel reported an estate-related transfer of 454,272 Ordinary shares classified as an acquisition or disposition by will or laws of descent and distribution. Following this non-cash transfer, he directly holds 2,190,961 Ordinary shares of Radware.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zisapel Roy

Role President & CEO

Type	Security	Shares	Price	Value
W	Ordinary shares	454,272	$0.00	--

Holdings After Transaction: Ordinary shares — 2,190,961 shares (Direct)

Footnotes (1)

Key Figures

Estate-related share transfer: 454,272 Ordinary shares Post-transaction holdings: 2,190,961 Ordinary shares Transaction price per share: 0.0000

3 metrics

Estate-related share transfer 454,272 Ordinary shares Transaction coded as acquisition or disposition by will or laws of descent and distribution

Post-transaction holdings 2,190,961 Ordinary shares Direct ownership following the reported transaction

Transaction price per share 0.0000 Non-cash transfer associated with estate or will

Key Terms

Ordinary shares, estate or will transfer, Acquisition or disposition by will or laws of descent and distribution

3 terms

Ordinary shares financial

"security_title: "Ordinary shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

estate or will transfer financial

"transaction_action: "estate or will transfer""

Acquisition or disposition by will or laws of descent and distribution financial

"transaction_code_description: "Acquisition or disposition by will or laws of descent and distribution""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zisapel Roy

(Last) (First) (Middle)

22 RAOUL WALLENBERG STREET

(Street)

TEL AVIV 69710

(City) (State) (Zip)

ISRAEL

(Country)

2. Issuer Name and Ticker or Trading Symbol
RADWARE LTD [ RDWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary shares	04/01/2026		W		454,272	A	$0.00	2,190,961	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Gadi Meroz, as Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RDWR CEO Roy Zisapel report?

Roy Zisapel reported a transfer of 454,272 Ordinary shares linked to an estate or will. The transaction is categorized as an acquisition or disposition by will or laws of descent and distribution, reflecting an inheritance-type event rather than a market trade.

How many Radware (RDWR) shares were involved in the estate transfer?

The filing shows 454,272 Ordinary shares were transferred in connection with an estate or will. The transaction price per share was reported as 0.0000, indicating no cash consideration, consistent with an inheritance or similar non-market transfer mechanism.

What are Roy Zisapel’s holdings in Radware (RDWR) after the transaction?

After the reported estate-related transfer, Roy Zisapel directly holds 2,190,961 Ordinary shares of Radware Ltd. This figure reflects his position immediately following the transaction as disclosed in the Form 4 insider ownership table.

Was the RDWR insider transaction a market buy or sell?

The transaction was not a market buy or sell. It is coded as an acquisition or disposition by will or laws of descent and distribution, meaning it relates to estate or inheritance processes rather than an open-market purchase or sale of Radware shares.

Did Roy Zisapel pay a price for the 454,272 RDWR shares received?

No cash price was paid for the 454,272 Ordinary shares. The transaction price per share is listed as 0.0000, consistent with an estate or will transfer in which shares move through inheritance rather than through a purchase for monetary consideration.